June 29, 2018 / 4:22 PM / in 23 days

No winners in trade wars, says Turkey's deputy PM

ISTANBUL (Reuters) - There are no winners in trade wars, which only hurt consumers, Turkey’s Deputy Prime Minister, Mehmet Simsek, said on Friday.

FILE PHOTO: Turkish Deputy Prime Minister Mehmet Simsek poses during an interview with Reuters in Ankara, Turkey, December 23, 2015. REUTERS/Umit Bektas/File Photo

Turkey started implementing retaliatory tariffs worth $266.5 million against the United States over “ill-advised” and “unsupportable” additional steel tariffs enacted by Washington.

Writing by Ezgi Erkoyun; Editing by Andrew Heavens

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